{"data":{"id":"us-ky/krs-154.20-080","jurisdiction":"us-ky","citation":"KRS 154.20-080","heading":"Agreements with lenders -- Provisions included.","body":"The authority may enter into agreements with lenders for participation in loan insurance.\nThe agreements may include, but need not be limited to:\n(1) Authorization for the lender to determine, collect, and transmit to the authority a fee\nor premium charge within a specified range established consistent with the purposes\nand objectives of the authority;\n(2) Specification of whether the premium charge shall be paid by the lender, the\nborrower, the authority, or by a combination thereof in specified proportions;\n(3) The procedure by which a lender may make a claim upon the authority upon default\nby the borrower and the conditions under which a claim may be made;\n(4) The maximum amount of claims a lender may make upon the authority, which\namount may be equal to,  greater than, or less than the proportion of the total\npremiums collected by the authority which is accounted for by premiums collected\nby the lender.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=2673","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:53Z","sha256":"1ce17284225eea91510d555dff0a8524b0177c151578cc605d684579282955f3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.20-070","next":"us-ky/krs-154.20-090"},"notice":"GroundRules: Original legal text. Not legal advice."}